SK hynix Inc. (NASDAQ ADR) (SKHY) financials

NASDAQ · Technology · Semiconductors · 47,639 employees · CEO Noh-Jung Kwak

Price: $149.21 -7.95%
Market cap: $1.06T
Enterprise value: ₩994T
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-01-28

Revenue (TTM)₩269T+219.8% vs a year agoLast 4 quarters; bars = each quarter

Operating margin (TTM)74.5%+31.5 pp vs a year agoOperating income ₩200T

Net income (TTM)₩189T+429.4% vs a year agoAfter tax, incl. non-operating gains

Free cash flow (TTM)–– vs a year agoCapex –

Diluted EPS (TTM)₩26,354.54+422.4% vs a year agoSum of the last 4 quarters

Net cash₩66.2T+994.1% vs a year agoCash + short-term investments - debt

Valuation & key figures

Market cap: $1.06T
Revenue: ₩269T
Revenue growth: +269%
Profit margin: 70.3%
P/E: 5.4×
P/S: 3.7×
EV / EBITDA: 4.4×
Free cash flow: –
Net income: ₩189T
Revenue estimate: ₩358T
Earnings: 2027-01-28
Dividend: $0.02

Key takeaways

Computed from the reported numbers - every statement carries the figure it rests on.

Revenue growth accelerating: 326.3% year on yearQ3 '26 revenue ₩104T, against an average of 140.0% over the four quarters before.
Operating margin 74.5% (TTM), +31.5 pp on a year agoOperating income grew 454.7% while revenue grew 219.8%.
17.4% of pre-tax profit is non-operatingPre-tax income ₩242T vs operating income ₩200T (TTM). Gains on equity stakes and other one-off items lift net income and EPS - operating income is the cleaner measure of the business.
Diluted share count up 4.2% in a year7.35B diluted shares in Q3 '26, 7.06B a year earlier.
Net cash ₩66.2TCash + short-term investments ₩87.3T, debt incl. leases ₩21.1T; a year ago net debt ₩7.41T.

Last quarter: Q3 '26

Quarter ended 2026-09-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.

Quarter vs a year ago

	Q3 '26	Year ago	Change
Revenue	₩104T	₩24.4T	+326.3%
Gross margin	0.0%	57.4%	-57.4 pp
Operating income	₩83T	₩11.4T	+629.3%
Operating margin	79.7%	46.6%	+33.1 pp
Net income	₩39.6T	₩12.6T	+214.6%
Diluted EPS	₩5,392.50	₩1,785.00	+202.1%
Operating cash flow	–	₩14.3T	–
Capex	–	₩5.26T	–
Free cash flow	–	₩9.06T	–
R&D	₩0	₩1.52T	-100.0%
Stock-based compensation	–	₩0	–

Revenue

Where the money comes from - by business line and by region, quarter by quarter.

Revenue, operating income and growth

quarterly

Margins & cost structure

How much of each unit of revenue is left at each level - and where the costs go.

Margins

quarterly

Costs as % of revenue

quarterly

Cash flow & capital allocation

Cash generated, what it is spent on, and what reaches shareholders.

Operating cash flow, capex, free cash flow

quarterly

Uses of cash vs operating cash flow

fiscal years

Last 4 quarters

cash flow statement

Free cash flow: –
Returned to shareholders / FCF: –

Share count and EPS

quarterly, diluted

Balance sheet

Liquidity, investments and debt at each quarter end.

Cash, investments and debt

quarter ends

Valuation & returns

Today's multiples against the company's own last five fiscal years; analyst targets and ratings.

Multiples and returns

TTM vs 5 fiscal years

	Now	5y average	Where today sits in the 5-year range
P/E (TTM)	5.4×	229.9× 4 of 5 years	39.0× – 651.5×
EV / EBITDA	4.4×	128.7×	25.7× – 436.3×
EV / Sales	3.7×	31.0×	17.3× – 46.4×
Price / FCF	11.0×	138.0× 3 of 5 years	67.4× – 216.6×
Price / Book	4.0×	22.0×	13.9× – 27.9×
FCF yield	9.1%	0.4%	-0.3% – 1.5%
Return on invested capital	53.1%	10.9%	-6.7% – 27.2%
Return on equity	117.0%	12.9%	-17.0% – 35.6%

Analysts

Consensus target $235.38 (+57.8%)
range $154.00 – $300.00 · rating Buy

Strong buy0

Buy5

Hold0

Sell0

Strong sell0

Outlook

Analyst consensus for the coming fiscal years and what it implies at today's price.

Consensus estimates

Fiscal year	Revenue	Growth	EPS	Growth	P/E at today's price	Analysts (EPS)
FY2026	₩358T	+268.9%	₩35,641.66	+490.3%	–	6
FY2027	₩580T	+62.0%	₩53,078.65	+48.9%	–	6
FY2028	₩683T	+17.7%	₩64,769.51	+22.0%	–	3
FY2029	₩917T	+34.1%	₩77,399.08	+19.5%	–	3
FY2030	₩1370T	+49.9%	₩124,906.50	+61.4%	–	2

Financial statements

Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.

Income statementRevenue, costs, operating income, net income and EPSOpen Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates: Financial Modeling Prep.

Data as of 2026-11-01 · Amounts in KRW as reported; price and market cap in USD.